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20121120
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Search Results 0 to 16 of about 17 (some duplicates have been removed)
directly at odds with house speaker john boehner. >> could you accept a deal that does not include tax rate increases for the wealthy? we've seen talk about a possible compromise that could leave rates the same but cap deductions for high-income earners. is that something that's acceptable? >> no. >> not at all no, way? >> no. the preponderance made it very clear in his campaign that there are not enough -- what you just described is a formula and a blueprint for hampering our future. you cannot go forward -- you have to cut some investments. if you cut too many you are hampering growth, you're hampering education, investments for the future. >> and even thousands of miles away it appears president obama is still focused on those negotiations. while touring a royal monastery with secretary of state clinton in thailand the president was overheard mentioning the budget talks to a monk. the president later clarified his comments -- >> he's not any monk. >> no. >> he has some big i vestments in the stock market. >> he later clarified his comments at a news conference. >> yes, we were working on
. and secondly, when john boehner says the american people do not want tax increases, if you could remind folks that the house numbers for the democrats out way -- outweigh -- all of the people who won on the democratic side, they were outvoted by half of 1 million voters. guest: -- host: thank you. guest: i think they live in a parallel universe and are often ill informed on the news. but on the second point, john boehner always says the american people do not want anybody's taxes to go up. i do not know what he bases that on. here we go back to the polls again, but every survey or poll that i have seen among democrats and republicans, the american people think that the wealthiest have had a good free ride for 10 years and should go back to paying their fair share. i do not know where john boehner gets that. gets that.
boehner has a big task ahead of him. can the house speaker pull the gop together and try to make a deal with the president on the fiscal cliff as jay leno was talking about. should he? should a deal be made? a fair and balanced debate is coming up. lots of talk how the united states will eventually be world's top oil producer. that is what some say. there are questions why it is taking so long. those stories and breaking news all "happening now." jenna: well, it is a little unbelievable, but there is lot of twists and turns in this scandal we've been following so closely surrounding former cia chief and now others. hi, everybody. glad to have you with us. i'm jenna lee. rick: happy tuesday. i'm rick folbaum in for jon. controversy over the timeline of events over the petraeus investigation with members of congress wanting to know why the fbi didn't notify them and the white house until just recently when it began months ago. that investigation far from over. fbi searching the home of petraeus's alleged mistress, paula broadwell. after david petraeus resigned his post as america's top sp
connell, who's the senate minority leader, he's taking a tougher stand than even boehner. let's listen to both of those positions. >> let's be clear. an opening bid of $1.6 trillion in new taxes just isn't serious. it's more than simpson/bowles or any other bipartisan commission has called for. it's been unanimously rejected in the house and senate. it's twice as much as the white house agreed to last summer during the debt ceiling talks, and looked at in the context of the spending cuts yet to be implemented, it amounts to about 20 cents in cuts for every new dollar in tax hikes. in other words, no cuts at all. it's a joke. a joke. >> we right away say 98% of americans are not going to see their taxes go up. 97% of small businesses are not going to see their taxes go up. if we get that in place, we are actually removing half of the fiscal cliff. half of the danger to our economy is removed by that single step. >> okay. so is it a joke, or as the democrats would say, the math isn't adding up? let's look at the issue of deficit reduction. the democrats say the -- let's say if you cut loopholes
standing next to john boehner? >> and mitch mcconnell -- >> and mitch mcconnell by the way. right. >> the president is in a different position now. re-elected by a pretty impressive margin than he was the last time he tried to forge a deal that collapsed. >> right. that was the debt ceiling. he had a real problem with that with the grand bargain. he also had after the 2010 midterms when he had a lame duck session of congress and he had to give on keeping the tax cuts for the wealthy. this is a president right now who believes he's got some leverage. he got re-elected. and these are republicans who are trying to figure out just who they are andy ds sun the president's press conference earlier this week, he's somebody who studied the flaws of a e d i make some progress without overreaching. it's very clear they're worried at the white house about doing some overreach here. if he can get a fiscal deal done, that will be very, very important for his legacy in the long-term. and he knows it. >> are the republicans operating from the same game plan? >> no. i think they're not. i mean,
when you saw nancy pelosi out there. you saw john boehner out there saying we are hopeful we can get a deal done. and the market had a positive reaction to that. yet it lost that upside throughout the day, teetered back and forth between positive and negative territory. finally, closing the day out positive, so perhaps that suggests that maybe we are a little bit closer. but here's the thing, randi, they've got to get something done. they've got to solve this issue. because if not, the consequences are severe. >> but you listen to some people, and they suggest that fears of fallen off the cliff are overblown. what are the real consequences here? >> the real consequences are another recession. i mean, i can tell you every ceo that i'm talking to right now says i'm not making major decisions. i'm waiting. i'm standing by the sidelines. i can't hire a lot of people, i can't invest in a lot of infrastructure because i don't know what the landscape is going to be in the next 45 days. i don't know what the landscape is going to be in the next three months. so there's a lot of holdup. now,
speaker john boehner faces as he tries to unify a deeply divided republican party, and all over congress they are deeply divided. he's trying to find compromise with the president before the country's finances go over the fiscal cliff. my credit card rewards are easy to remember. with the bankamericard cash wards credit card, i earn 1% cash back everywhere, every time. [ both ] 2% back on groceries. [ all ] 3% on gas! no hoops to jump through. i earn more cash back on the things i buy most. [ woman in pet store ] it's as easy as... [ all ] one! -two. -[ all ] three! [ male announcer ] the bankamericard cash rewards credit card. now is a good time to think about your options. are you looking for a plan that really meets your needs and your budget? as you probably know, medicare only covers about 80% of your part b medical expenses. the rest is up to you. so consider an aarp medicare supplement insurance plan, insured by unitedhealthcare insurance company. like all standardized medicare supplement plans, they cover some of what medicare doesn't pay. and could save you in out-of-pocket medi
chat chac by the outcome. so john boehner and mitch mcconnell have somewhat more control over their flocks than they did before the election. >>> let's get a check of the morning's other top stories. jenna wolf is standing by at the news desk. >> the coast guard is searching for two workers who are missing after a fire on an oil rig in the gulf of mexico. nine workers were hurt, four of them critically with burns over much of their bodies. the fire broke out friday, was quickly put out. the coast guard says no oil is coming from the well. >>> a national tragedy is still playing out in the plains of west texas. federal investigators are still trying to determine whether a small parade to honor wounded veterans had been given enough warning to clear some train tracks they were trying to cross. a freight train slam spood sboo the tractor-trailer, killing four decorated veterans and injuring 16 people. >>> there's been another terrible train crash, this one in southern egypt. it appears a railroad crossing was not closed when a speeding train collided with a bus today as it was ta
it off track when there were in fact very close. i think boehner has been very clear. i think revenues are on the table. they are at the moment drawing a line on tax rates, but we will see where that goes. the last time, you are right, didn't work and we were not facing quite the same set of circumstances we are facing today so i'm cautiously optimistic although i will offer to say lastly that people sometimes say okay, it looks like simpson-bowles, everything in between zero and $4 trillion we could end up with all kinds of outcomes that may be less than i would like and maybe less than all of you would like but at least something. i'm hoping it is more over here but i don't know. >> and steve, so we are gathered here to talk about u.s. global competitiveness. how important is resolving these issues to the american position on the global economy? >> first of all i think it's important not just our position in the global comment about our position in the world. admiral mullen who was the previous chairman of the joint chiefs of staff said our greatest national security threat was our f
. former lt. governor of new york. and author of decoding the obama health law. john boehner said it is now the law of the land. good to see you. biggest colonel to me, my family and to people out there watching. will my quality of care care change? >> first of all, you may lose the plan you get on your job. and you may lose full-time job status as a result. this law says that employers. >> is this all of it. >> this is all of it. >> we like our guests to bring us cake not 2,000 pages of healthcare legislation. >> unfortunately this is what you have got. this law says that employers with 50 or more full-time workers have to provide health insurance. not just any health insurance but the one size fits all government designed plan. that cost almost twice as much as what many employers currently provide. so, as a result. employers in many cases are going to drop the coverage and may even move their full-time employees into part time status to avoid the penalty. >> we have already seen companies doing that. >> that's right. and the government actually predicts that under this employer mandate,
Search Results 0 to 16 of about 17 (some duplicates have been removed)